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Saturday, June 06, 2009

Real estate property listings in the Kamloops and district real estate association (KADREA) went from 2865 in April to 1850 in May. This shows the sales-to-active listings are getting closer to a balanced market. In the KADREA, residential home listings decreased from 950 to 642 and condo townhouse listings decreased from 266 to 187.

The residential median price in Kamloops real estate in May dropped from $332,000 to $328,000. There were 20 sales in the $400 - $439,000 range. There was an overall increase in sales between the $360 - $519,000 price range. The $240 - $279,000 price range only had 26 sales in May compared to 31 sales in April.

In Kamloops, Brock and Westsyde had the largest increase in sales. Both areas combined for 47 sales. Sahali and Aberdeen combined had 49 sales. Most of those sales were in the $320 - $359,000 price range. Pineview Valley only had 19 sales compared to 26 in April.

1 comment:

Anonymous
said...

There's also a new Real Estate magazine that was just launched for Kamloops. Homes & Land Thompson Nicola / Shuswap finished distribution of their magazines a few days ago and they sure do look sharp. You can find the listings at http://www.homesandlandoftheokanagan.com